205 S Mill Street 110, Aspen, CO 81611

$50
Property Type: Commercial Lease Lot Size (sq. ft.): 18,000 Status: Closed
Current Price: $50 List Date: 2/01/2018 Last Modified: 9/05/2024

Overview

Description

This beautiful retail space is 1,435 SF on the courtyard level of the Mill Street Plaza next to Cache Cache with big windows visible from above. There is a bathroom in the space and a lift to the upper level. The NNN Base Rent is $50 per SF plus CAMs (taxes, insur, shared utilities, maintenance & mgmnt) of about $22 per SF. Total gross rent to start is approximately $8,610 per month. Tenant also pays for its own electric meter. J.Crew has occupied this space for 10 years along with the upper street-level space.

Listing Details MLS# 152486

Location Info

Type
Leasehold
Major Area
Aspen
Area
01-Central Core
Original List Price
50
Street #
205
Street Direction Pfx
S
Street Name
Mill
Street Suffix
Street
Address 2/Unit #
110
City/Town
Aspen
State/Province
CO
Postal Code
81611

Lease Info

Total Building SqFt
26,084
Unit SqFt
1435
Asking Price
50
Type of Lease
NNN

Financing Info

Tax Year
2017
Security Deposit
10000
Security $Payable To
Landlord
Annual Tax P/SqFt
0

Listing Info

Member Association
Aspen Association

General Info

Sub/Loc
Townsite of Aspen
County
Pitkin
Legal
Subdivision: CITY AND TOWNSITE OF ASPEN Block: 81 Lot: D AND:- Lot: Thru I
Zoning
CC
Lot SqFt
18000
Nbr of Acres
0.41
Under Construction
No
Business Name
J.Crew relocating
Inventory
No
Parcel #
273707338004
Year Built
1982
Year Remodeled
2008
Directions
Corner of E Hopkins Avenue and S Mill Street. Space is next to Cache Cache on the lower courtyard level.

Status Change Info

Under Contract Date
2018-03-13
Proposed Leased Date
2018-05-01
Sold Date
2018-05-01
Leased Price Per/SF
1.92
How Leased
Cash

More Information

Remarks

Public Remarks
This beautiful retail space is 1,435 SF on the courtyard level of the Mill Street Plaza next to Cache Cache with big windows visible from above. There is a bathroom in the space and a lift to the upper level. The NNN Base Rent is $50 per SF plus CAMs (taxes, insur, shared utilities, maintenance & mgmnt) of about $22 per SF. Total gross rent to start is approximately $8,610 per month. Tenant also pays for its own electric meter. J.Crew has occupied this space for 10 years along with the upper street-level space.

Allowable Uses

Office
Yes
Retail
Yes

Current Use

Retail Store
Yes

Construction

Brick
Yes

Condominiumized

Yes
Yes

Electric

Yes
Yes

Condition

Excellent
Yes

Basement/Substructure

Garden Level
Yes

Roof

Membrane
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Extras

Handicap Access
Yes

Heating/Cooling

Central AC
Yes

Location Amenities

Corner Lot
Yes
High Traffic Loc
Yes

Documents on File

Leases
Yes

Parking

Street Parking
Yes
None
Yes

Occupant

Tenant Occupied
Yes

Disclosures

Excluded Tenant
Yes

Tenant Pays

Annual Escalation
Yes
Building Insurance
Yes
Deposit
Yes
Electricity
Yes
Exterior Maintenance
Yes
Interior Maintenance
Yes
Property Taxes
Yes
Sewer
Yes
Site Maintenance
Yes
Trash Collection
Yes
Water
Yes

Owner Pays

Nothing
Yes
Structural Maint
Yes

Terms Offered

Cash
Yes

Possession

Negotiable
Yes

Expenses Include

Grounds Maintenance
Yes
Insurance
Yes
Management
Yes
Sewer
Yes
Snow Removal
Yes
Trash
Yes
Unit Heat
Yes
Water
Yes

Sign

Yes
Yes

Property Features

Allowable Uses: Office; Retail Current Use: Retail Store Construction: Brick Condominiumized: Yes Roof: Membrane Condition: Excellent Electric: Yes Water: Public Sanitation: Sewer Tenant Pays: Annual Escalation; Building Insurance; Deposit; Electricity; Exterior Maintenance; Interior Maintenance; Property Taxes; Sewer; Site Maintenance; Trash Collection; Water Owner Pays: Nothing; Structural Maint Parking: Street Parking; None Extras: Handicap Access Expenses Include: Grounds Maintenance; Insurance; Management; Sewer; Snow Removal; Trash; Unit Heat; Water Location Amenities: Corner Lot; High Traffic Loc Occupant: Tenant Occupied Disclosures: Excluded Tenant Documents on File: Leases Terms Offered: Cash Sign: Yes Possession: Negotiable
IDX
Listing Office: Setterfield & Bright
Source MLS Verified
Last Updated: September - 05 - 2024
Broker Attribution: (970) 920-1833

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